Can a Public Provident Fund (PPF) Account be opened in a minor child’s name by parents being guardian, if child is born in US while parents are working onsite in US? Parents are Indian Resident Individuals. Child will be coming and living in India after 2 years of completing parents onsite job in US.
The average Inflation, Consumer Price Index (CPI) in India from 1958 – 2015 comes up to 7.46% per annum. The attached file contains the year on year inflation rates in India and the calculated average over the years. Hence, how much is the average inflation to be considered in India?
Mr. Gerard Colaco : We do not believe in risk profiling as it is commonly understood. This, in our opinion is a thoroughly useless activity. There is no way a client who is a unique individual with a unique personality, psyche and attitude can be accurately assessed for risk appetite by answering a few dumb questions in a risk profile questionnaire.